Q: Who can LEND on Easyinterest?

A: Any Indian resident, with an age of 18 years or above with a valid bank account and PAN card can LEND on Easyinterest.

Q: How am I helping others achieve financial success? How will this benefit me?

A: Easyinterest provides a unique opportunity to help borrowers borrow coupons at a better rate of interest and in the process help Buyers earn a higher interest rate than what they would if they kept their money idle. The process is mutually beneficial and is a win-win situation for both parties.

Q: How do I become an investor on Easyinterest?

A: The process is simple. Please click on Sign Up, fill in some basic details about yourself, pay the registration fees through any of your convenient online payment methods like credit card, net banking etc. Our support team will verify your details and get in touch with you within 12-24 hrs. Once your registration is verified and approved, you can log on to your Easyinterest account and start lending.

Q: How much money can I lend? And for what period?

A: You can start by investing from Rs. 100/- per loan. Borrowers are registered on the website for a loan period ranging from 7 days to 36 months. You can choose the Borrower according to the loan period that suits you.

Q: Why should I pay a fee to invest my own money?

A: The up-front registration fee is used to process and verify the documents received from you. It is also adjusted towards the legal agreement and documentation which is done with the borrowers before loan disbursal. Easyinterest believes in transparency and does not have any hidden costs, nor do we keep any margins from the interest rate decided mutually between the borrower and lender.

Q: Why does Easyinterestt need to verify my details?

A: Faircent conducts a verification process of the data and documents provided by Lenders. In addition, we appraise each request to ensure that concerned Lender can afford to give out loans within the boundaries of statutory laws of India. We also make sure that Lenders do not use our platform to fund any prohibited actions or purposes.

Q: Can I choose the date to get my repayments?


Q: What kind of returns can I expect?

A: Returns depend on the credentials of borrowers and the ongoing demand for lenders in the Easyinterest marketplace. We have an automated system, which assigns a rate of interest to each borrower. It ranges between 12% to 28%. Returns depend on how a lender spreads his investment.

Q: How can I control the returns from my investment?

A: You can control your returns by spreading your investment across borrowers at different loan amounts and rate of interest.

Q: How safe is my money?

A: All borrowers listed on the Easyinterest marketplace are curated through various data points. In fact, Easyinterest has a strict borrower selection criterion. Although, lenders can seek legal help and Easyinterest also has a soft recovery and collections process to ensure the safety of the monies invested through the platform. However, you must understand that this does not ensure guaranteed returns or zero defaults. Your money is not insured. WE will pay the DEfault amount of the borrower over a time.

Q: How are repayments calculated?

A: At present repayments are at a single payment mode only …..Repayments are equated monthly installments (EMIs) calculated using the reducing balance method. Your installment per month will remain the same throughout the tenure of your loan. The first installment may be different depending on the date of disbursal.

Q: Will I know my Borrowers?

A:No we will not disclose any Lender or Borrower data

Q: Can I be both, a Lender and a Borrower?

A: YES. You can either be a Lender or a Borrower at a given time.